IRVINE, Calif., April 23, 2019 (GLOBE NEWSWIRE) -- Kofax®, a leading supplier of Intelligent Automation software to digitally transform end-to-end business processes, today announced it has been awarded nine new patents by the United States Patent and Trademark Office for multiple technologies including RPA, cognitive capture, mobility and financial process automation. The patents reflect Kofax’s leadership in providing the first end-to-end Intelligent Automation platform.
"These new patents provide further evidence that our Intelligent Automation platform is based on highly differentiated technologies that provide Kofax with competitive advantage and allow our customers to achieve a more rapid and compelling ROI," said Jim Nicol, Executive Vice President of Research & Development at Kofax.
Highlights of Kofax’s newly secured patents include:
Mobility
- Mobile image classification, which protects the way Kofax detects the type of image captured with a mobile device (for example, a passport, driver’s license or other document).
- PDF form-based classification and extraction, a method of using a single online form to create knowledge bases that enable the system to classify and extract content from images, regardless of how they’re captured.
- Machine print, hand print and signature identification – a central component used to initiate workflows and orchestrate processes.
Robotic Process Automation
- Kofax’s patented web crawling method retrieves data attributes from multiple data sources to correlate them, a technology applied to the inner workings of Kofax software robots.
The remaining patents cover more complex document capture, 3D object reconstruction, mobile case-based workflows, application development and a system for financial process automation.
These newly patented technologies are already part of existing Kofax products, and the patents serve as validation of the company's continued investment in innovation on multiple fronts. Each protects unique and novel ways of addressing technical processing challenges, reflecting a deep understanding of customer needs that aren’t being addressed by more limited point solutions.
About Kofax
Kofax software enables organizations to Work Like Tomorrow™ – today. Kofax’s Intelligent Automation software platform helps organizations transform information-intensive business processes, reduce manual work and errors, minimize costs, and improve customer engagement. We combine RPA, cognitive capture, process orchestration, mobility and engagement, and analytics to ease implementations and deliver dramatic results that mitigate compliance risk and increase competitiveness, growth and profitability. Kofax provides a rapid return on investment for over 20,000 customers in financial services, insurance, government, healthcare, supply chain, business process outsourcing and other markets. Kofax delivers its software and solutions through its direct sales and services organization and more than 650 indirect channel partners and integrators in more than 60 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit kofax.com.
© 2019 Kofax, Inc. Kofax is a registered trademark of Kofax Limited.
Source: KOFAX